Alternative Asset Opps Pcc Share Discussion Threads

[yieldsearch] 05/10/2012 08:22

Placing of 32m shares at 32p. interesting that the price drifted lower before the announcement during the last 2 weeks or so...

[capt bligh] 19/9/2012 18:56

Thanks dave...What we need is a flu epidemic in Florida I'm in at 49p so still under water..stock quite hard to find. Good luck to all

[praipus] 19/9/2012 15:11

Great idea thanks davebowler

[davebowler] 19/9/2012 12:22

RCM July update;

[davebowler] 19/9/2012 12:16

I've set up a new thread with the charts etc on.

[davebowler] 19/9/2012 12:15

Link to the fund mananger;

[praipus] 19/9/2012 08:57

All sorted thanks I think I was suffering from impatience and hadnt realised the result's were below the RNS storage mechanism statement.

No arbitrageurs on the register so I'm only going to watch for the moment.

I'm told the way to play wide spread is place a limit order at the mid price.

capt bligh any chance of switching on the charts and news in the header?

Great name capt bligh do you have any connection?

[eeza] 18/9/2012 18:28

Or could use the link in Post #6.

[capt bligh] 18/9/2012 18:14

p'pus why not use advfn... anyway hello everyone at last! yes I have suffered the horrible spread too, but cant help feeling you have done the right thing here db.

[davebowler] 18/9/2012 16:26

I've looked at these for some time and dithered but now have bought some at 51.5.
Big spread though!

[praipus] 18/9/2012 14:51

Hi capn bligh,

Cant get the results to load following the link below?

www.rcm.com/investmentrusts/investors_tlif.php.

[eeza] 18/9/2012 12:20

Final Results






Interested to buy. What's your opinion Capt'n?

[capt bligh] 18/9/2012 12:13

Borrowings soon to be £10mill thus ev £29.5 mill
Last policy matured ( todays second rns) on books at 2,085m$ but expected to produce 2.8mill, a c34% premium (1.1p a share)
Over 100 policies average age 89. Life expectancy

[capt bligh] 18/9/2012 07:42

Tipping point I think...see results

[capt bligh] 16/8/2012 16:35

Borrowings masively down to c. 17.2 million Nav 80.3p Pretty soon this should self fund ie expense of keeping the policys going will much more than offset by those maturing.

[capt bligh] 12/7/2012 10:41

NAV ( very conservative... see the large upgrades when the policies mature)
81.5p a share

TIDMTLI

RNS Number : 5148H

Alternative Asset Opps PCC Ltd

12 July 2012

Alternative Asset Opportunities PCC Limited (the "Company")

12 July 2012

The Board of Alternative Asset Opportunities PCC Limited (the "Company") announces that the net asset value of the US Traded Life Interests Fund as at 29 June 2012 was 74.0 pence per share. This represents an increase of 3.1 pence per share from the NAV at 31 May 2012.

It is estimated that exchange rate movements had a negative impact during the month of 1.3 pence per share. The two policy maturities, with a combined face value of US$6.5 million, announced on 1 June 2012, had a positive impact on the NAV of 5.5 pence per share. In addition, the two further policy maturities, on one life, with a combined face value of US$7.5 million, announced on 8 June 2012, had not been formally confirmed as at 29 June 2012. Accordingly, the resultant profit, estimated to be 7.5 pence per share, has not been accounted for in this valuation.

The Company had total borrowings of US$29,210,000 as at 29 June 2012. At that date the Company had not received any proceeds from the maturities referred to above.

Enquiries:

[capt bligh] 11/7/2012 07:52

The declared nav of this company is at a considerable discount to reality. This can be seen by the actual values of the policies as they mature and the effect on the nav. The latest announcement is worth a read. It's a ghoulish stock, a massive epidemic in Florida would send the share price to the stars, but it is slowly unwinding it's gearing soon will have have cash tp return.

[capt bligh] 25/1/2011 11:59

Interested anyone